Chinese tanners reportedly holding onto large hide volumes

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Chinese tanners reportedly holding onto large hide volumes

Chinese tanners continued to push for further hide price decreases due to high inventories of raw hides, wet blue and finished leather.

Argentina
Hide demand in Argentina was firm during the week to Thursday May 16.

A source reported that Argentinean cured steer hides were sold to Asian buyers for $12-$16 per piece CNF.

Brazil
Prices for wet blue full substance TR1 heavy hides from the state of Mato Grosso traded around $0.70-0.72 per square foot.

Mato Grosso had high...

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Soybean oil futures rebound on technical buying

Soybean oil futures rebound on technical buying

Soybean oil futures closed higher on Thursday May 16 amid technical buying. 

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Perdue researchers work on hemp-based superabsorbents

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Animal fat prices steady; DCO production rises week on week

Animal fat prices steady; DCO production rises week on week

Prices for animal fats were flat on Wednesday May 15 with limited trade volume reported while several participants indicated...

Poultry by-product pet-grade prices lower in US Southeast, mid-South

Poultry by-product pet-grade prices lower in US Southeast, mid-South

Animal protein prices were steady to lower on Wednesday May 15, with several participants returning from Fastmarkets Biofuels &...

US weekly ethanol production, stocks rebound

US weekly ethanol production, stocks rebound

Chicago Mercantile Exchange (CME) grain prices fell on Wednesday May 15. The July...

Bids for US hides low; April inflation contributes to poor automotive hide demand

Bids for US hides low; April inflation contributes to poor automotive hide demand

Hide buyer interest was moderate but at low prices on Wednesday May 15, according to several US sellers. Most...

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